WebDefinition of a load. Load funds exhibit a "Sales Load" with a percentage charge levied on purchase or sale of shares. A load is a type of commission. Depending on the type of load a mutual fund exhibits, charges may be incurred at the time of purchase, time of sale, or a mix of both. The different types of loads are outlined below. Webdefined within the CDA contract, such as, for illustrative purposes only, withdrawing 5% from the covered assets annually. In the event the value of the covered assets drops below zero, the insurance company would guarantee the 5% withdrawal benefit and make the annual payments to the policyholder.
Contingent Deferred Sales Charge (CDSC) Definition
WebSep 30, 2013 · The CDSC is waived in certain circumstances, as described in the Fund’s prospectus and statement of additional information (“SAI”). Class C Shares redeemed within 12 months of their purchase are assessed a CDSC of 1.00% on the lesser of the then-current net asset value or the original net asset value at the time of purchase. WebThe CDSC on Class A, 529-A and ABLE-A shares purchased without a sales charge due to total assets of $1 million ($500,000 or more for certain funds), is up to 1% on certain … fitsteps worthing
PIMCO Income Fund C - PONCX - Mutual Funds PIMCO
WebThe following tables show how sales charges of class A shares vary across funds based on investment levels. Growth, value, blend, global sector, asset allocation funds, and 529 options - class A. Amount invested. Sales charge. Under $50,000. 5.75%. $50,000 to $99,999. 4.50%. $100,000 to $249,999. WebMar 30, 2007 · The maximum offering price (MOP) returns take into account the contingent deferred sales charge (CDSC) for Class C shares, which for this fund is 1.00%. This charge may apply to shares redeemed during the first year of ownership. ... High performance is defined as a significant increase in either 1) a fund’s total return in … WebFeb 17, 2024 · The contract specifics what level of depletion is necessary, either due to market performance, fees, charges, or contractually permitted withdrawals. Breaking that down, CDAs are a lifetime benefit. However, the benefit is contingent on the customer’s associated investment account balance dropping below a predetermined threshold. fitster boulder daze lace-up trainer